The cost savings associated with managed services is considerable, making it another reason that using MSP’s is desirable. This fact has an incredible amount of business value, but many business owners are unaware of just how significant this is. It is your job as a managed service provider to explain to your clients how MSPs help control outgoing expenses and increase ROI. An IT budget consists of many items, including:
- hardware costs
- software and network infrastructure
- maintenance costs
- IT labor
The businesses you work with need to understand every-way that managed services can benefit them financially, especially where the aforementioned maintenance costs are concerned. Using outdated software can have detrimental effects on ROI, and this is avoided with MSPs. In additional it provides the flexibility and scalability needed to grow or scale back in a way not possible with internal IT teams.
The managed service model allows clients to easily predict their IT expenses on a monthly basis and are able to better plan and budget for larger IT projects and improvements. All of these factors should be reviewed in a quarterly business review. You are able to show your clients the value of your services during these reviews, and how you play an instrumental role in what they do.